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$177,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 2,473 Sq. Ft.
  • Updated 7 days ago
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Attention! The seller is requesting highest and best offers by Friday, Sept 25th no later than 5pm eastern standard time. This property offers exceptional value and flexible residential opportunities for homeowners, investors, and multigenerational living. The floor plan is interchangeable with an open layout, which can be enjoyed as a five-bedroom, two-bathroom single-family residence or offers the potential for separate living arrangements The layout is ideal for a large family, multigenerational household, owner-occupied investment (live in one and rent out the other), rental property, or other approved residential use. The property will be delivered vacant, with both units available to be rented with an estimated rental income of potentially $3,000-$3,300+ per month, depending on final configuration, market conditions, tenant qualifications, and applicable approvals. Conveniently located just steps from John Fenwick Academy and Walnut Street Field, home of the Salem Junior Rams youth football and cheerleading programs, and minutes from Salem's historic downtown area, municipal buildings, local shops, and community attractions including Hires Avenue Community Garden and Martin Luther King Park. Don't miss this opportunity to own a gem in an up and coming area of Salem, NJ. Schedule your showing today!

Full Property Details for 78 Walnut St

General

  • Price: $177,000
  • Taxes: $5,194 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: NJSA2019582
  • Updated: 10/4/2026
  • Added to Site: 87 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Main & Up: 5

Parking

  • Parking Type: Off Street

Location

  • Area: Salem City (21713)
  • Municipality: SALEM CITY
  • County: SALEM
  • Cross Streets: Smith Street
  • Driving Directions: Route via NJ-49 West (from Millville/Bridgeton)Merge onto NJ-49 W heading toward Salem.Turn left onto Grieves Pkwy as you enter Salem city limits.Turn right onto Smith St right past the school area.Turn right onto Walnut St; the destination will be on your left. Route via I-295 / NJ-49 East (from Wilmington/Philadelphia)Take I-295 S toward the Delaware Memorial Bridge.Take Exit 1A for NJ-49 E toward Pennsville/Salem.Follow NJ-49 E (Broadway) straight into the heart of Salem.Turn left onto Yorke St.Turn right onto Walnut St; the property is on your right just past Smith St. Route via NJ-77 South (from Mullica Hill/Woodbury)Take NJ-77 S through Bridgeton.Merge onto NJ-49 W toward Salem.Follow the Grieves Pkwy to Smith St.Turn right onto Smith St right past the school area.Turn right onto Walnut St; the destination will be on your left.

School Information

  • School District: Salem City Schools

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Other
  • Heating Fuel: Other
  • Water Heater: Instant Hot Water

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Structure Type: Detached
  • Construction: Frame
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Permanent
  • Stories Description: Main
  • Square Feet: 2,473
  • Sq. Ft. Source: Assessor
  • Living Area: 2,473 Sq. Ft.
  • Finished Above Grnd: 2,473 Sq. Ft.
  • Year Built: 1910
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,996
  • Lot Size Source: Assessor
  • Lot Dimensions: 45.00 x 111.00
  • Zoning: R-2

Financial Considerations

  • Price Per Sq. Ft.: $71.57
  • Assessment Year: 2025
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $60,200
  • Tax Amount: $5,194
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 2473

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Seller’s personal items , microwave and window air conditioning units
  • Inclusions: Stove, refrigerator, HVAC and solar panels
  • Lot Number: 4

Listed by Hi-Level Real Estate LLC, JASMINE BRADLEY

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Listing agent

— 78 Walnut St —

  • JASMINE BRADLEY

    Hi-Level Real Estate LLC

Listing Office Email: njrealtorsteve@gmail.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 78 Walnut St

School District:Salem City School District
NameGradesDistance
John Fenwick Elementary School
183 Smith Street, Salem, NJ 08079
PK-20.1 mi
Salem Middle School
51 New Market Street, Salem, NJ 08079
3-80.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 78 Walnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/21/2026
Price Reduced
$177,000
-9.23%
MLS
8/14/2026
Price Reduced
$195,000
-4.88%
MLS
7/30/2026
Price Reduced
$205,000
-2.38%
MLS
7/17/2026
Listed
$209,999
351.61%
MLS
9/15/2020
Sold
$46,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 78 Walnut St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,194
15%
$60,200
—
2022
$4,525
-1%
$60,200
—
2022
$4,581
—
$60,200
-5%
2021
$4,594
5%
$63,300
—
2018
$4,377
-2%
$63,300
—
2019
$4,475
4%
$63,300
—
2017
$4,323
4%
$63,300
-40%
2016
$4,155
1%
$106,100
—
2015
$4,102
-12%
$106,100
—
2013
$4,676
—
$106,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 78 Walnut St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Hi-Level Real Estate LLC, JASMINE BRADLEY

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78 Walnut Street, Salem, NJ 08079 (MLS# NJSA2019582) is a Single Family property with 5 bedrooms and 2 full bathrooms. 78 Walnut Street is currently listed for $177,000 and was received on July 17, 2026. Want to learn more about 78 Walnut Street? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

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